USDCAD SHORTCaught this entry about 5 pips late due to waiting for confirmation on 30 min candle,
I’m expecting it to drop until news on 14th comes out this is not a long term hold AUG 13th max before closing positions i seen that right as 30m candle and 2 hours candle tapped liquidity block it immediately reject expecting a harsh drop after retracement keep stop tight on this one everything lines up
5min bearish candle
30min bearish candle
2hr bearish candle
Take at own risk
Lquidityhunt
GBPUSD - Potential Reversal to follow weekly downtrend?GBPUSD - Rejection or break...
Price is currently sitting near the bearish weekly high (Light grey box), I'm expecting price to reverse from here based on PA..
However price is looking strong and and could reject from the quaterpoint and start breaking to the updside...
Let's see what today brings, we have EQL highs, triple top (Which probably will be taken out, but if price rejects the quaterpoint I will scalp this long, if it breaks and reverses below I'll take it short. (Ideally I'm looking for a SL hunt/4th hit to the high before price reverses)
Whats your thoughts?